Conotoxia Adds Skrill as a Payment Method

Conotoxia Holdings, an operator of Cinkciarz.pl and a few other Conotoxia brands, announced on Tuesday that Skrill is now available as a payment method for its users at Conotoxia.com, Conotoxia Pay offers, among others. According to the official blog post, customers can fund their Forex accounts held at Conotoxia platform, order currency exchange transactions, or even paying via Conotoxia Pay by topping their accounts with Skrill.

That said, users should open an account with Skrill to gather access to the features available with the new payment solution on the platform. “The new payment method at Conotoxia.com and the fintechs own payment system Conotoxia Pay stands out primarily because of its security: chargeback protection and the highest standards in fraud prevention and risk management. For Conotoxia users accustomed to multi-currency services, it is also important to manage the most popular currencies within their Skrill account,” the firm noted.

Apart from offering Skrill, Conotoxia – whose payment services are licensed and supervised under the Polish Financial Supervision Authority – has as payment methods the fintech currency wallet, Google Pay and Apple Pay, PayPal, credit and debit cards, bank transfers, and online transfers Pay-By-Link, Trustly, Klarna, Union Pay, Visa Checkout, EPS, iDEAL or POLi. In turn, those paying via Conotoxia Pay use Google Pay, PayPal, Visa and MasterCard, online transfers Pay-By-Link, Trustly, UnionPay, iDEAL, or POLi.

Early this year, the holding announced its intentions to become a public company after ending 2020 with an exceptional surge in revenue. The group companys business spans over a wide range of services, including currency exchange, money transfer, forex cards, and even payments, and it saw a surge in demand across all divisions.

Conotoxia Holdings recorded a turnover of $6.44 billion from currency exchange transactions, which is 30% more than the figures achieved in 2019 and 54% higher than 2018.

Though its base remains in Poland, the company is also expanding into Europe.

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